12-12 Super Brother's Morning Thoughts

Currently, the four-hour K-line head and shoulders bottom pattern has successfully reversed and broken through the EMA trend indicator at 98300, once again standing at a high position. At this time, the EMA trend indicator has returned to a bullish trend.

MACD volume is increasing, and DIF and DEA are forming a golden cross trend. The K-line has reached just below the upper Bollinger band at 101350, where there is clearly strong resistance.

Currently, the position at 101500 has formed a strong resistance area several times. Be sure to set stop-loss when shorting, and do not chase long positions at this moment; wait for a pullback to support before entering again.

Bitcoin Pullback: Around 98500-99000

Ethereum Pullback: Around 3730-3750